Jokowi: Indonesia's Economy Grows, Exports Continue To Increase By More Than 70 Percent

President Jokowi in the 2024 financial note (Photo: Screenshot of youtube setpres by Fakhri Rezy/VOI)

JAKARTA - President Joko Widodo (Jokowi) said that Indonesia's economic growth was always maintained in the range of 5 percent. This figure is higher than the global average growth of 3.4 percent.

Not only is the economy growing, Jokowo said the value of Indonesia's exports also continues to increase positively. In fact, the increase reached 70 percent.

"Indonesia's export value has increased by more than 70 percent, reaching 259 billion US dollars in 2023," he said in a speech delivering the 2025 RAPBN and Financial Notes, at the DPR Building, Jakarta, Friday, August 16.

Not only that, Jokowi said Indonesia's current account balance also gradually continued to strengthen.

"The trade balance has always recorded a surplus over the last 51 months," he explained.

On this occasion, Jokowi also said that there was an additional 21.3 million new workers in the 2015 to 2024 period. He also said Indonesia's debt ratio was one of the lowest among the G20 and ASEAN countries.

"Alhamdulillah, even though there are many challenges and uncertainties, our political and economic conditions remain stable, even able to grow sustainably," he said.